The 7th Pay Commission has recommended an average 23.55% hike in the salary of central government employees, allowances and pension, a move that will benefit 4.8 million staffers and 5.5 million pensioners. To understand this in detail, ET NOW’s Supriya Shrinate caught up with Mythili Bhusnurmath - Consulting Editor of ET NOW, Jay Shankar- Chief Economist & Director at Religare Capital Markets, Saugata Bhattacharya – Economist at Axis Bank & S Narayan -Former Finance Secretary.
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